FCF Margin

FCF Margin. FCF as a percent of sales

FCF Margin. The Company's net cash flow provided by operating activities less capital expenditures for the Performance Period, expressed as a percentage of the Company's net sales for the Performance Period. Discretionary Pension Contributions by the Company during the Performance Period are not included in the calculation of FCF Margin. Notwithstanding the foregoing, the Committee may specify in the Payout Formula for any Award Opportunity that FCF Margin shall be determined by including or excluding any... items specified by the Committee, including but not limited to discontinued operations, expenses for restructuring or productivity initiatives, or extraordinary, unusual, non-recurring or special items View More